Morningstar

Veon, Ukrainian Government to Work on AI Data Center

Provided by Dow Jones

By Kelly Cloonan 




  Veon plans to work with the Ukrainian government to advance the country's digital infrastructure and economy, including with the buildout of an artificial-intelligence data center. 



  The company said Friday its Kyivstar Group unit, which provides connectivity and digital services, signed a memorandum of understanding with Ukraine's Ministry of Economy for the collaboration. 



  Under the agreement, the parties will look into establishing an AI-ready data center in Ukraine. Veon is expected to support implementation through its financial backing and expertise, the company said. 



  The initiative aims to strengthen Ukraine's technological sovereignty in AI and boost investment into the country's digital economy, the company said. 



  "The development of domestic AI infrastructure is an important step in strengthening Ukraine's economic resilience and technological independence," Ukraine's Minister of Economy Oleksii Sobolev said. 





  Write to Kelly Cloonan at kelly.cloonan@wsj.com 





  (END) Dow Jones Newswires



  June 26, 2026 13:35 ET (17:35 GMT)


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